World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe

Undercover Journalists Uncover ‘the Biggest Tax Swindle in the History of Europe.’

Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms.

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And this people wants to regulated cryptocurrency?

In my mind this case clearly shows the insolvency of the current banking system and the possibility of illegal circulation of such a scale.

What do you think, why ordinary citizens are punished for tax evasion, and the machinations of such a scale left without broad resonance and significant consequences?

What do you think, why ordinary citizens are punished for tax evasion, and the machinations of such a scale left without broad resonance and significant consequences?

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